Colfax Corp., Fulton, Md., a manufacturer of gas- and fluid-handling and fabrication technology products, has made a binding offer to acquire the global infrastructure and industry (GII) business of Fläkt Woods Group, Geneva, Switzerland. The deal values GII at approximately $261 million, including the assumption of debt.
With worldwide operations, GII is a supplier of industrial fans and related products. The acquisition would complement the geographic and end-market footprint of Colfax’s Howden business as well as extend Howden’s product portfolio into new segments and applications. Learn more at www.colfaxcorp.com.